secwatch.observer — SEC 8-K summary
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Issuer:     Civeo Corp (CVEO)
CIK:        0001590584
Form:       8-K
Filed at:   2025-11-28T23:59:59+00:00
Accession:  0001590584-25-000138
Event type: leadership
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Civeo appoints two directors, enters cooperation agreement with Engine Capital
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- Jeffrey B. Scofield (Class I) and Daniel B. Silvers (Class III) appointed to board effective Nov 26, 2025.
- Board expands to 11 directors; two incumbents won't stand for reelection at 2026 AGM, reducing to 9.
- Cooperation agreement with Engine Capital includes standstill, voting commitments, and expense reimbursement.
- Each new director receives $75k annual retainer and initial restricted share award valued at $125k.
- Scofield to serve on Audit and Finance & Investment Committees; Silvers on Compensation and ESG & Nominating.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1590584/000159058425000138/0001590584-25-000138-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1590584/000159058425000138/cveo-20251125.htm
  HTML page:      https://secwatch.observer/filing/0001590584-25-000138

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer